Industrial & Prudential Investment Co (NSE:INDPRUD) Cyclically Adjusted PB Ratio: (As of Aug. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:INDPRUD Industrial & Prudential Investment Co Ltd NSE:INDPRUD
58 GF Score
Price ₹6,175.00
GF Value ₹5,207.23
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Industrial & Prudential Investment Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrial & Prudential Investment Co  (NSE:INDPRUD) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Industrial & Prudential Investment Co Cyclically Adjusted PB Ratio Related Terms


Industrial & Prudential Investment Co Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Industrial & Prudential Investment Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Industrial & Prudential Investment Co Cyclically Adjusted PB Ratio Chart

Industrial & Prudential Investment Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.25 1.65

Industrial & Prudential Investment Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.26 0.00 1.65 0.00

NSE:INDPRUD vs : Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Industrial & Prudential Investment Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Industrial & Prudential Investment Co Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Industrial & Prudential Investment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Industrial & Prudential Investment Co's Cyclically Adjusted PB Ratio falls into.


NSE:INDPRUD
58GF Score
Industrial & Prudential Investment Co Ltd NSE:INDPRUD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Industrial & Prudential Investment Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Industrial & Prudential Investment Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Industrial & Prudential Investment Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/333.9520*333.9520
=0.000

Current CPI (Jun. 2026) = 333.9520.

Industrial & Prudential Investment Co Quarterly Data

Book Value per Share CPI Adj_Book
201209 0.000 231.407 0.000
201212 0.000 229.601 0.000
201303 182.148 232.773 261.322
201403 172.597 236.293 243.931
201503 853.620 236.119 1,207.307
201603 936.211 238.132 1,312.925
201703 1,056.652 243.801 1,447.373
201803 1,691.854 249.554 2,264.031
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 1,896.190 254.202 2,491.076
201906 0.000 256.143 0.000
201909 2,313.901 256.759 3,009.561
201912 0.000 256.974 0.000
202003 1,852.248 258.115 2,396.459
202006 0.000 257.797 0.000
202009 2,525.827 260.280 3,240.760
202012 0.000 260.474 0.000
202103 3,504.414 264.877 4,418.300
202106 0.000 271.696 0.000
202109 3,431.153 274.310 4,177.173
202112 0.000 278.802 0.000
202203 3,692.024 287.504 4,288.493
202206 0.000 296.311 0.000
202209 3,580.489 296.808 4,028.569
202212 0.000 296.797 0.000
202303 3,699.582 301.836 4,093.225
202306 0.000 305.109 0.000
202309 4,102.023 307.789 4,450.707
202312 0.000 306.746 0.000
202403 4,590.663 312.332 4,908.434
202406 0.000 314.175 0.000
202409 5,016.305 315.301 5,313.034
202412 0.000 315.605 0.000
202503 4,798.558 319.799 5,010.923
202506 0.000 322.561 0.000
202509 5,001.547 324.800 5,142.477
202512 0.000 324.054 0.000
202603 5,071.058 330.213 5,128.478
202606 0.000 333.952 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Industrial & Prudential Investment Co (NSE:INDPRUD) Overvalued in 2026?

Based on GuruFocus' analysis, Industrial & Prudential Investment Co stock appears to be overvalued. The current stock price of ₹6,175.00 is trading 18.6% above its estimated GF Value™ of ₹5,207.23. GuruFocus considers Industrial & Prudential Investment Co to be Modestly Overvalued.

Key valuation signals for NSE:INDPRUD:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹5,207.23 vs. price of ₹6,175.00 (18.6% above fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the NSE:INDPRUD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Industrial & Prudential Investment Co Business Description

Comparable Companies
Other Exchanges 501298:India
Address 8/1/B Diamond Harbour Road, Paharpur House, Kolkata, WB, IND, 700027
Industrial & Prudential Investment Co Ltd is a Non-Banking Finance Company. The activities of the company comprise of acquiring, selling, and maintaining investments and also engages in the lending business. Geographically, the company serves Indian market customers.
58GF Score

Get the complete analysis for NSE:INDPRUD

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹6,175.00
Price
₹5,207.23
GF Value